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Cove Behavioral Health Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453036832 ✦ Tampa, FL ✦ Designated as a 501(c)(3)

Overview

What is Cove Behavioral Health Foundation Inc?

Cove Behavioral Health Foundation Inc, based in Tampa, Florida, is a non-profit organization established to support Cove Behavioral Health Inc, a community-focused organization providing accessible and compassionate behavioral health services. The Foundation's mission is to aid in addressing substance abuse and mental health issues, thereby saving lives and keeping families together. To fulfill this purpose, the Foundation participated in a New Market Tax Credit transaction, providing funds to Cove for rehabilitating its current building and constructing an additional one. The Foundation loans the funds it receives from Cove to an investment entity, ultimately benefiting Cove. The Foundation may also receive and hold large grants, serving as Cove's additional endowment entity. The Foundation's activities are geared towards enhancing the well-being of the community by providing essential behavioral health services.


Is Cove Behavioral Health Foundation Inc legitimate?

Cove Behavioral Health Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cove Behavioral Health Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Cove Behavioral Health Foundation Inc?
Who is the CEO of Cove Behavioral Health Foundation Inc?
What is the revenue of Cove Behavioral Health Foundation Inc?
Who are the executives of Cove Behavioral Health Foundation Inc and what are their salaries?
Where can I find the form 990 for Cove Behavioral Health Foundation Inc?

Mission Statement of Cove Behavioral Health Foundation Inc

Cove Behavioral Health Foundation, Inc., a non-profit organization, was established to support Cove Behavioral Health, Inc., another non-profit that focuses on providing accessible and compassionate behavioral health services to the community. The Foundation's mission revolves around addressing substance abuse and mental health issues, with the ultimate goal of saving lives and keeping families together.

The Foundation has been instrumental in supporting Cove's operations, participating in a New Market Tax Credit transaction to provide funds for rehabilitating the building where Cove is housed and constructing an additional building adjacent to it. By loaning the funds it received from Cove to an investment entity, the Foundation has indirectly benefited Cove. Previously, the Foundation also received debt service payments from the loan it made. Additionally, the Foundation may receive and hold large grants, serving as an additional endowment entity for Cove.

In essence, Cove Behavioral Health Foundation, Inc. is dedicated to improving the wellness of its community by providing essential behavioral health services, a commitment that is crucial in addressing the growing challenges of substance abuse and mental health issues. Through its various activities, the Foundation plays a significant role in supporting Cove's mission and enhancing its ability to provide life-saving services.

Impact

This information is meant to be a general summary of Cove Behavioral Health Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Tuesday, June 18, 2024

Cove Behavioral Health Foundation Inc plays a crucial role in supporting our community's overall wellness by providing accessible and compassionate behavioral health services. Through its mission, Cove saves lives and keeps families together by addressing substance abuse and mental health issues. The foundation's impact can be seen in its participation in a New Market Tax Credit transaction that provided funds to Cove for building rehabilitation and expansion, ultimately benefiting those in need of behavioral health support. Additionally, by receiving and holding large grants and serving as Cove's endowment entity, the foundation contributes significantly to the advancement of mental health services in the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $0

    • Assets and Liabilities:
  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0
  • Organization Details

    Founding Year

    2011

    Principal Officer

    Deanna S Obregon

    Main Address

    4422 E COLUMBUS DRIVE, TAMPA, FL, 33605

    NTEE Category

    Code: F20 - Mental health

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